Mandhana Industries gets approval from Bank of Baroda for Strategic Debt Restructuring

22 Oct 2016 Evaluate

Mandhana Industries has received in-principle approval from Bank of Baroda (Lead bank) for supplication for Strategic Debt Restructuring (S.D.R) for the Company and it is awaiting the advice and approval of the members banks (Term loan and working capital lenders).

Mandhana Industries is a vertically integrated textile and garment manufacturing company in India. Its operations and facilities enable it to manufacture a wide variety of value-added fabrics and garments through its integrated operations comprising of dyeing of yarns and fabrics, weaving operations for fabrics, processing solutions for both fabrics and garments, garment manufacturing, etc.

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Company Name CMP
Welspun India 73.40
PDS 1706.85
Vardhman Textiles 347.35
Arvind 104.65
Alok Inds 23.00
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